North American Grain and Oilseed Review: Canola ends the day down slightly

A mixed day at CBOT

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned lower on Monday, unable to hang on to earlier gains. There was too much pressure from sharp declines in Chicago soyoil, which couldn’t be compensated by upticks in European rapeseed as well as Chicago soybeans and soymeal. Despite fading, Malaysian palm […] Read more

ICE Canola Midday: Prices climbing upward

Higher rapeseed, palm oil lending support

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were higher at mid-session Monday, with mixed support from comparable oils. “Canola is up for once,” an analyst commented, noting that the oilseed could lose ground. There were gains in European rapeseed and Malaysian palm oil, with additional support from upticks in Chicago […] Read more


ICE canola correcting higher to start week

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was stronger Monday morning, with chart-based positioning a feature. The July contract was trading back above its 20- and 100-day moving averages after dipping below those technical indicators late last week. Strength in the Chicago soy complex provided spillover support, with European rapeseed […] Read more



ICE Midday: Little movement for canola

Glacier FarmMedia MarketsFarm – The ICE Futures canola market appeared tentative on Friday, with little change in prices along with those in comparable oils. European rapeseed was higher, Malaysian palm oil was mixed while Chicago soyoil and crude oil saw minimal gains. Today is the last day for May trading options. The Canadian dollar was […] Read more

ICE Canada Morning Comment: Canola building upward momentum

Rain for southern parts of Alberta, Manitoba

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures shed overnight losses Friday morning, turning higher with support from other vegetable oils. As modest increases in global crude oil prices spilled over into the veg oils, there were upticks in Chicago soyoil, Malaysian palm oil, and European rapeseed. But pressure on canola […] Read more



ICE Midday: Canola retreats further

Glacier FarmMedia MarketsFarm – The ICE Futures canola market took another step back on Thursday to go along with declines in comparable oils. Chicago soyoil and Malaysian palm oil were lower while European rapeseed was mixed. Crude oil was also in the red as reports of a slowdown in the United States economy outweighed a […] Read more


ICE Canada Morning Comment: Canola backtracking with other veg oils

July canola slips below 20-day, 100-day averages

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were lower on Thursday morning, following the other vegetable oils to the downside. There were declines in Malaysian palm oil and European rapeseed, while Chicago soyoil was relatively steady. Losses in Chicago soybeans and soymeal added to the pressure on the veg oils, […] Read more